SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
We can't find results matching your search.
Adjust your search and try again or browse topics and stories below.
Recent stories from sustg
-
Saudi Arabia’s SIDF Gets New Investment Muscle to Enter New Industries
Saudi Arabia’s Energy Minister Khalid al-Falih said that Saudi Arabia plans to boost the capital of the Saudi Industrial Development Fund (SIDF) by SAR6bn ($1.6bn) to help finance the kingdom’s entry into new industries. The additional planned allocation would be on top of the SAR3bn ($800m) of capital recently injected in the fund, Falih said, […]
-
‘Shamoon’ Comeback: Several Saudi Government Agencies Attacked by Malware from Iranian State-Sponsored Hack
State-sponsored hackers have reportedly conducted a series of destructive malware attacks on Saudi Arabia over the last two weeks, including erasing data and wreaking havoc in the computer banks of the agency running the country’s airports and hitting five additional targets, Bloomberg reports. U.S. security firms said that a version of Shamoon, the computer virus […]
-
Saudi Prince Alwaleed bin Talal: ‘Stop the Debate…It’s Time for Women to Drive’ in Saudi Arabia
In a 4-page essay entitled, “It’s High Time Women Started Driving Their Cars,” billionaire Saudi businessman Prince Alwaleed bin Talal urged an end to the debate about women’s driving in Saudi Arabia. The essay is as much a short treatise on modern Saudi feminism and the progress of women’s rights in the Kingdom as it […]
-
Saudi Arabia Begins to ‘Inject Large Amounts of Money Into Economy’ to Boost Growth
Saudi Arabia’s government has begun “injecting large amounts of money into the economy to boost growth at the end of this year after a sharp slowdown due to low oil prices,” Reuters reports citing Saudi Central Bank data. After raising $17.5 billion last month in its first international bond issue, Saudi Arabia “did not hold that […]
-
Government Makes Payments to Construction Companies as MMG Sends Letter to Deputy Crown Prince Warning of Operations Halt
Saudi Arabia has reportedly made good on $10.7 billion that it owed to private sector companies, according to Arab News, but one construction firm said on Monday that it wrote directly to the Deputy Crown Prince warning it may need to cease operations. Mohammad Al Mojil Group (MMG) said in a short statement through Saudi […]
-
Saudi Student Murdered in Wisconsin Shocks Community
A University of Wisconsin-Stout student from Saudi Arabia died one day after being assaulted on a street in downtown Menomonie, Wis., about 70 miles east of Minneapolis, according to reports. Hussain Saeed Al-Nahdi was reportedly assaulted by a suspect whom police described as a white male about six feet tall. He died a day later […]
-
Saudi Arabia Replaces Finance Minister in Continued Shift Toward Younger Technocrats
Saudi Arabia has replaced its Minister of Finance, Dr. Ibrahim Al-Assaf, with the head of the Kingdom’s capital markets regulator Mohammed Al-Jadaan in the latest move toward a younger generation of technocratic leaders in high positions. Al-Assaf was Saudi Arabia’s longest-serving active minister, having held the position of Minister of Finance since 1996. Another Royal […]
-
US Customs Facilities Coming to Riyadh, Jeddah Airports to Add Convenience, Efficiency to U.S.-Saudi Travelers
The United States Customs and Border Protection (CBP) will soon set up facilities at Riyadh and Jeddah airports to process U.S.-bound passengers’ arrival documents before landing in the U.S., the Saudi Gazette reports, citing a person with knowledge of the situation who spoke with the Okaz Arabic daily. Long delays and extra screenings have become standard for […]
-
Candor from High-Ranking Saudi Ministers on Economy Latest Example of Increased Transparency
Several high-ranking officials and Ministers in Saudi Arabia discussed the state of the Kingdom’s economy on a popular television show last week, according to Bloomberg, in what amounted to “an unusual attempt by a government not known for transparency to promote its plan to cope with the plunge in oil prices.” “Saudis who switched on a […]
-
Government Payments to Top Companies Resume, Al-Assaf Says on Saudi TV
Saudi Arabia has resumed payments of its debts to contractors after long delays that imperiled company finances and hurt investor sentiment, according to Bloomberg, which cited comments made by Saudi Finance Minister Ibrahim Al-Assaf on Saudi television. In the televised interview late on Wednesday, Al-Assaf said payments have been “regularized and will rise in the coming period.” […]
- 10 of 3052 results<< 1 … 244 245 246 247 248 … 306 >>
MUST-READS
-
A who’s who guide to the Saudi Arabia 2024 Paris Olympic team
After sending a record-breaking delegation to the Tokyo 2020 Olympics of 33 athletes, 22 of whom made up the men’s football squad, Saudi Arabia has confirmed that only nine competitors across four different sports will be heading to Paris for the 2024 Games.
-
Saudi Arabia’s Muvi Cinemas Adds Four Imax Locations
Muvi Cinemas, the largest exhibitor in Saudi Arabia, has struck a deal with Imax Corp to install four IMAX with Laser systems in its cinemas two in capital city Riyadh; one system to Jeddah’s Mall of Arabia; and the first IMAX system to Dhahran. Three of the new locations are scheduled to open by the end of 2024, with the last in 2025.
-
Imax, Muvi Cinemas Sign Four-Theater Deal in Saudi Arabia
Imax and muvi Cinemas, the major Saudi Arabia exhibitor, have signed a four-theater deal. The agreement will see muvi Cinemas open two Imax theaters with laser systems in Riyadh, another in Jeddah’s Mall of Arabia and a fourth system will open in Dhahran. All four locations are scheduled to open by 2025. Imax already has 10 theater screens in Saudi Arabia, with another 22 to open through separate deals with major exhibitors like Vox Cinemas, a major Middle Eastern movie theater chain, and AMC Cinemas.
-
Saudi Arabia investing $180 billion to develop green economy, says minister
Saudi Minister of Economy and Planning Faisal Al-Ibrahim said that Saudi Arabia plays a pivotal role in achieving global climate-related goals, with more than 80 initiatives and investments exceeding $180 billion to develop the country's green economy, in addition to establishing its position as a leader in renewable energy.
-
PIF strengthens renewable energy localization in Saudi Arabia with three new joint ventures
PIF has today announced the signing of three new agreements to localize in Saudi Arabia the manufacturing and assembly of equipment and components needed for solar and wind power. These agreements have been entered into by the Renewable Energy Localization Company (RELC) – a fully owned PIF company. They are in line with the Saudi Ministry of Energy’s drive to localize production of renewable energy components.
-
IMF revises Saudi GDP growth down on oil cuts
The International Monetary Fund on Tuesday revised downwards Saudi Arabia's economic growth by nearly one percentage point, mainly due to oil production cuts. The revision was the biggest among major economies and dragged down the rest of the Middle East and North Africa region, which is projected to grow 2.2% this year, a downward revision of half a percentage point from three months ago, IMF projections in its World Economic Outlook showed.
-
Saudi Arabia updates requirements for construction of residential buildings
The updated specifications included a number of provisions related to facilitating various types of construction work for the beneficiaries. These provisions aimed to preserve safety of buildings and protect them from risks, in addition to providing the best standards in construction work such as increasing the proportion of built area in residential buildings and villas, and buildings for commercial, administrative and residential purposes. It also aims to reduce setback, which is the minimum open space required around any building or structure, in residential villas.
-
Nine killed in Oman Shi’ite mosque shooting, including three attackers
Nine people were killed, including three attackers, and more than two dozen others were injured in an assault on a Shi'ite Muslim mosque in Oman late on Monday, law enforcement said, in a rare security breach in the oil producing Gulf state. Four Pakistanis , an Indian and a police officer were among those killed in the gun attack, according to Pakistani, Indian and Omani officials. The Oman police said 28 people of various nationalities were wounded, including security personnel.
-
Global Growth Steady Amid Slowing Disinflation and Rising Policy Uncertainty
Our global growth projections are unchanged at 3.2 percent this year and slightly higher at 3.3 percent for next year, but there have been notable developments beneath the surface since the April World Economic Outlook. Growth in major advanced economies is becoming more aligned as output gaps are closing. The United States shows increasing signs of cooling, especially in the labor market, after a strong 2023. The euro area, meanwhile, is poised to pick up after a nearly flat performance last year.
-
Al-Hilal SFC named Saudi Arabia’s strongest football club brand as nation bolsters financial commitment to the sport
Al-Hilal SFC is Saudi Arabia’s strongest football club brand with a brand strength index (BSI) score of 74.6, and an equivalent AA+ rating, according to new data from Brand Finance. Al-Hilal's strategic investments, including the signings of Neymar, Ruben Neves, and Milinković-Savić, have solidified the club’s dominance in the Saudi Pro League and reinforced its status as a top football brand in the region.
- 10 of 61207 results<< 1 … 245 246 247 … 6,121 >>